Ulta Beauty (NASDAQ:ULTA) Updates FY 2026 Earnings Guidance

Ulta Beauty (NASDAQ:ULTA) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 28.700-29.000 for the period, compared to the consensus estimate of 26.210. The company issued revenue guidance of $13.2 billion-$13.3 billion, compared to the consensus revenue estimate of $12.5 billion.

Ulta Beauty Stock Down 0.6%

Shares of ULTA stock traded down $3.09 during mid-day trading on Thursday, reaching $540.10. 1,080,054 shares of the company’s stock traded hands, compared to its average volume of 690,822. The company’s 50-day moving average price is $494.65 and its 200-day moving average price is $535.92. The company has a market cap of $23.22 billion, a P/E ratio of 20.25, a P/E/G ratio of 1.67 and a beta of 0.87. Ulta Beauty has a 12 month low of $443.60 and a 12 month high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.89 by $0.85. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The company had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period last year, the company posted $6.70 EPS. Ulta Beauty’s revenue was up 11.1% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Equities analysts predict that Ulta Beauty will post 28.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ULTA. Piper Sandler lowered their target price on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. Morgan Stanley cut their price target on Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. Robert W. Baird reduced their price objective on Ulta Beauty from $730.00 to $700.00 and set an “outperform” rating for the company in a research report on Wednesday, June 3rd. Bank of America upgraded Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 price objective for the company in a research note on Tuesday, May 5th. Finally, The Goldman Sachs Group cut their target price on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $636.41.

Insider Activity at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the completion of the sale, the director owned 2,404 shares of the company’s stock, valued at $1,143,919.36. This trade represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.20% of the stock is currently owned by insiders.

Trending Headlines about Ulta Beauty

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: Deutsche Bank expects Ulta’s fiscal second-quarter comparable-store sales to exceed consensus estimates, offering a potential catalyst if confirmed in the earnings report. Ulta Beauty Second-Quarter Same-Store Sales Poised for Beat
• Positive Sentiment: Ulta has exceeded Wall Street’s EPS estimates for four consecutive quarters. Analysts remain constructive despite the recent decline, and the stock is trading roughly 17% below published price targets, suggesting potential upside if results and guidance are solid. Ulta Beauty Earnings Preview
• Positive Sentiment: The retailer is broadening its assortment with The Potion Studio’s climate-adaptive hair-care products and Bio Ionic’s limited-edition styling tools. It also appointed retail executive Brieane L. Olson to its board, potentially adding useful industry experience. Ulta Beauty Products and Director Appointment

Institutional Investors Weigh In On Ulta Beauty

A number of institutional investors and hedge funds have recently bought and sold shares of the business. BOKF NA purchased a new position in shares of Ulta Beauty in the third quarter worth $31,000. Virtus Advisers LLC purchased a new position in Ulta Beauty during the fourth quarter valued at $33,000. Greenline Wealth Management LLC bought a new stake in Ulta Beauty in the 4th quarter valued at $37,000. DV Equities LLC bought a new stake in Ulta Beauty in the 4th quarter valued at $38,000. Finally, Darwin Wealth Management LLC purchased a new stake in Ulta Beauty in the 2nd quarter worth $50,000. 90.39% of the stock is owned by institutional investors.

Ulta Beauty Company Profile

Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.

The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.